Overview: This page contains the latest trade data of Gold in unwrought forms non-monetary. In 2018, Gold in unwrought forms non-monetary were the world's 8th most traded product, with a total trade of $235B. Between 2017 and 2018 the exports of Gold in unwrought forms non-monetary decreased by -9.99%, from $262B to $235B. Trade in Gold in unwrought forms non-monetary represent 1.28% of total world trade.
Tariffs: In 2018 the average tariff for Gold in unwrought forms non-monetary was 4.54%, been the 4483 lowest tariff using the HS6 product classification.
Between 2017 and 2018, the exports of Gold in unwrought forms non-monetary grew the fastest in Canada ($5.67B), United Kingdom ($5.01B), Guinea ($2.19B), Venezuela ($2.18B), and Uganda ($1.13B).
This chart shows the evolution of the market concentration of exports of Gold in unwrought forms non-monetary.
In 2018, market concentration measured using Shannon Entropy, was 4.75. This means that most of the exports of Gold in unwrought forms non-monetary are explained by 26 countries.
This map shows which countries export or import more of Gold in unwrought forms non-monetary. Each country is colored based on the difference in exports and imports of Gold in unwrought forms non-monetary during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Gold in unwrought forms non-monetary were South Africa ($10.6B), United States ($9.79B), Canada ($7.58B), Peru ($7.06B), and Japan ($4.9B).
In 2018, the countries that had a largest trade value in imports than in exports of Gold in unwrought forms non-monetary were China ($27.2B), India ($23.9B), Hong Kong ($9.6B), United Arab Emirates ($7.46B), and Turkey ($6.3B).
In 2018, the average tariff for importing Gold in unwrought forms non-monetary was 4.54%. The countries with the highest tariffs for importing Gold in unwrought forms non-monetary were Angola (50%), Ethiopia (34.7%), Cameroon (29.4%), Gabon (29.4%), and Chad (29.4%).
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.